Send us Fan Mail China PMIs disappoint, dragging down risk-sensitive currencies. Yen recovers, helped by safe-haven flows and Tokyo FX warning. Euro turns to German inflation data, tech stocks close stellar month. Risk Warning: Our services involve a significant risk and can result in the loss of your invested capital. *T&Cs apply. Please consider our ... Show More
Aug 24
Gold climbs amid Iran and trade uncertainties, dollar also firms
Send us Fan MailGold rallies even as dollar halts decline amid heightened uncertainties. Iran’s president calls for end to war ahead of new US sanctions, oil slips. US-Canada trade talks break down, loonie tumbles as trade war escalates. Treasuries await Jackson Hole and details ... Show More
5m 3s
May 2023
When Markets De-Risk, But Not Decouple (from China)
A lousy Manufacturing PMI reading out of China pulled the Hang Seng index officially into bear market territory, sent the yuan crashing through 7.10, and seemed to have set off a broader, risk-off market move that reverberated across asset classes globally. But, did yet another p ... Show More
33m 3s
Aug 2022
The Sun Overdose for European stocks...
The week starts moody in Asia, as economic data from China and Japan missed estimates early this Monday.
Crude oil begins the week under selling pressure around the $91 per barrel. US index futures are down, but interestingly, the European futures were better bid in Asia; but new ... Show More
11m 3s
Apr 2022
The Bank of Japan Is Playing a Dangerous Game
Prices for assets of all kinds were up Wednesday, including stocks, commodities, and cryptocurrencies. The U.S. dollar continued to strengthen, and global bond yields marched higher. That’s despite the emergence of still more signs of underlying weakness, including Robinhood layi ... Show More
39m 12s